Perkins Corporation manufactures a product that uses a material with the quantity standard of 7.3 grams per unit of output and the price standard of $6.00 per gram. In January the company produced 3,400 units using 24,870 grams of the direct material. During the month the company purchased 27,400 grams of the direct material at $6.10 per gram. The direct materials purchases variance is computed when the materials are purchased. The MATERIALS PRICE VARIANCE for January is: Select one: a $2,482 F b. $2,482 C. $2,740 U d. $2,740 F